India: IFC mulls $52.5m funding in PE-backed Zenex Animal Health

India: IFC mulls $52.5m funding in PE-backed Zenex Animal Health

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International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of $52.5 million to purchase the equity shares of India-based Zenex Animal Health India Private Limited (Zenex) from Multiples Private Equity Fund III (Multiples).